George Reisman
George Reisman is an American economist and author known for his contributions to economic theory and his advocacy of free-market capitalism. A student of Ludwig von Mises, he is a prominent figure in the Austrian School of Economics. Reisman authored "Capitalism: A Treatise on Economics," which integrates classical economics with modern insights. He has served as a professor of economics at Pepperdine University and is a prolific writer and speaker.
Book summaries for books written by George Reisman
Quotes
Capitalism is the only economic system in history to have raised the standard of living of the masses.
Capitalism is the system of individual rights and free markets, where individuals are free to pursue their own happiness and engage in voluntary transactions.
In a capitalist society, wealth is created through the productive efforts of individuals and businesses, not through government intervention.
Capitalism rewards individuals for their hard work, innovation, and entrepreneurial spirit.
Under capitalism, individuals have the freedom to own property and use it to create value.
Competition in capitalism leads to lower prices, higher quality, and greater choice for consumers.
Capitalism promotes voluntary exchange and cooperation, allowing individuals to mutually benefit from trade.
In a capitalist system, the pursuit of profit drives innovation and technological progress.
Capitalism fosters individual responsibility and accountability, as individuals are held responsible for their actions and decisions.
Capitalism encourages personal freedom and individual autonomy, allowing individuals to live according to their own values and preferences.
Capitalism promotes social mobility, allowing individuals to improve their socioeconomic status through their own efforts.
Capitalism is a system of voluntary cooperation, where individuals engage in win-win relationships through trade and specialization.